ROCY vs. UMI

Last updated Jul 17, 2026

ROCY (JPMorgan Equity Premium Yield ETF) and UMI (USCF Midstream Energy Income Fund ETF) are both exchange-traded funds - ROCY is a Derivative Income fund actively managed by JPMorgan, while UMI is a Energy Equities fund actively managed by Wainwright, Inc.. Both are actively managed. At a correlation of -0.33, they often move in opposite directions. ROCY charges 0.35%/yr vs 0.85%/yr for UMI.

Performance

ROCY vs. UMI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Equity Premium Yield ETF (ROCY) and USCF Midstream Energy Income Fund ETF (UMI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ROCY

• 1D: -0.24%
• 1M: 1.18%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

UMI

• 1D: 1.18%
• 1M: 5.45%
• 6M: 26.23%
• YTD: 27.88%
• 1Y: 31.97%
• 3Y*: 27.71%
• 5Y*: 22.94%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ROCY vs. UMI - Yearly Performance Comparison

	2026 (YTD)
ROCY JPMorgan Equity Premium Yield ETF	12.15%
UMI USCF Midstream Energy Income Fund ETF	7.98%

Correlation

The correlation between ROCY and UMI is -0.33, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 19, 2026	-0.33

Return for Risk

ROCY vs. UMI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ROCY

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

UMI

UMI Risk / Return Rank: 83
UMI Sharpe Ratio Rank: 85
UMI Sortino Ratio Rank: 84
UMI Omega Ratio Rank: 80
UMI Calmar Ratio Rank: 90
UMI Martin Ratio Rank: 74

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ROCY vs. UMI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Equity Premium Yield ETF (ROCY) and USCF Midstream Energy Income Fund ETF (UMI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	ROCY	UMI	Difference
Sharpe ratio: Return per unit of total volatility	—	2.20	—
Sortino ratio: Return per unit of downside risk	—	3.03	—
Omega ratio: Gain probability vs. loss probability	—	1.38	—
Calmar ratio: Return relative to maximum drawdown	—	4.28	—
Martin ratio: Return relative to average drawdown	—	10.78	—

Drawdowns

ROCY vs. UMI - Drawdown Comparison

The maximum ROCY drawdown since its inception was -3.53%, smaller than the maximum UMI drawdown of -48.08%. Use the drawdown chart below to compare losses from any high point for ROCY and UMI.

Drawdown Indicators

	ROCY	UMI	Difference
Max Drawdown Largest peak-to-trough decline	-3.53%	-48.08%	+44.55%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.50%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-17.08%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-20.05%	—
Current Drawdown Current decline from peak	-0.24%	-0.59%	+0.35%
Average Drawdown Average peak-to-trough decline	-0.61%	-6.56%	+5.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.97%	—

Volatility

Volatility by Period

	ROCY	UMI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.12%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.42%	—
Volatility (1Y) Calculated over the trailing 1-year period	11.37%	14.60%	-3.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.37%	19.46%	-8.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.37%	23.13%	-11.76%

ROCY vs. UMI - Expense Ratio Comparison

ROCY has a 0.35% expense ratio, which is lower than UMI's 0.85% expense ratio.

Dividends

ROCY vs. UMI - Dividend Comparison

ROCY's dividend yield for the trailing twelve months is around 2.29%, less than UMI's 5.74% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
ROCY JPMorgan Equity Premium Yield ETF	2.29%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
UMI USCF Midstream Energy Income Fund ETF	5.74%	6.23%	4.39%	4.67%	4.36%	3.00%	2.18%	2.47%	2.48%	0.15%

Frequently Asked Questions

Can I hold both ROCY and UMI in my portfolio?

ROCY and UMI have a correlation of -0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ROCY or UMI?

On fees, ROCY is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ROCY or UMI?

ROCY is cheaper with a 0.35% expense ratio, compared with 0.85% for UMI.

Which ETF pays a higher dividend yield, ROCY or UMI?

UMI has the higher dividend yield at 5.74%, compared with 2.29% for ROCY.

What is the main difference between ROCY and UMI?

ROCY is categorized as Derivative Income, while UMI is Energy Equities. They also come from different issuers: JPMorgan and Wainwright, Inc.. Their fees differ too: 0.35% for ROCY and 0.85% for UMI.